Essay On Industrialization

Industrialization is the process by which an economy is transformed from mostly agricultural to one based on the manufacturing of goods. Before industrialization, many people used to be farmers and would often make a living off of cash crops (A crop that is massed produced for money (Ex: rice, wheat, tobacco, etc...). Industrialization was a blessing for 19th century America because the oil and steel industries stimulated our economy. One reason why industrialization was a blessing for 19th century America was because the steel industry provided steel which was used to build stronger and more efficient transportation and structures. Steel was used to make arch bridges, trusses, and cables. It was also used for supporting unsteady and

The Standard oil of Indiana made clean or pure gas which helped produce better engines for automobiles. The oil industry prospered from the automobile industry because lots of gas was needed to assemble automobiles. By 1930, the entire country used gas. Homes were lighted and heated by gas and electricity. Food was also made and stored with the help of gas and electricity (oil). To further support this idea, during the industrial revolution in the 1900's, Business stimulated the economy. Private corporations were at first unknown, but eventually controlled the nation's economy. Oil became important because it provided fuel for new technology. It was used for engines and power plants to run on. Oil also replaced whale oil lamps (business). When more and more oil was being extracted from the earth’s surface, its popularity increased. From 1900 to 1930, oil became cheaper. There was a greater demand for oil. Factories grew much bigger. The Ford company needed a lot of gas and oil to produce their automobiles. The oil industry benefited from mass production and the assembly line. The oil industry also prospered from gasoline which was their best selling product. The oil industry provided America with new technology such as automobiles to be produced. On top of that, oil prices dropped. This resulted to a stimulation in the economy